new - 5 days on rocket

78 1st St, Mexico Beach, FL, 32456

$789,450

Home List Price

$9,375*

Closing Credit

4 Bedrooms
3 Full Baths
2,772 SqFt
$285/SqFt
House

Location

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78 1st St, Mexico Beach$789,450

Buyer Closing Credits

$9,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage6 spaces
Year Built1977
HeatingElectric
CoolingCeiling Fan(s), Electric
ViewGulf
MLS #766995
Lot Size0.64 Acres
StatusActive

About 78 1st St

BEACH OASIS with 2 SEPARATE HOMES, featuring a FULLY FURNISHED 2br/2bath, 1,472 sq. foot Guest Cottage, with partial Gulf views and only a 2 min walk to the beach! There is a jetted pool, on a private 100 x 280 foot lot (0.64 acre, X flood zone), which is one of the largest in Mexico Beach, backing up to 80 acres of woodlands that can never be developed. The main 2 br/1 bath home greets you with a coastal color palette, a cozy family room with brick wood burning fireplace, and renovated kitchen with warm pecky cypress wood accents. Through the French doors is a vaulted sun/great room with 8 panoramic windows with sunset views. Enjoy beverages on the 50 ft long covered front porch where you can often hear the soothing Gulf waves. Exiting the back door to the pool courtyard, you will find a FULLY RENOVATED, 2 story, 2 br/2 bath Guest Cottage with partial Gulf views. It has a boho beach vibe & comes FULLY FURNISHED as a turnkey RENTAL OPPORTUNITY, or can be used for family or private in-law home. The 2nd floor has a private entrance with pull-out queen sofa bed and 82in TV, so could easily be converted into a 5th bedroom/private master with balcony and partial Gulf view. $100k+ in renovations-all new flooring/paint, timeless white kitchen cabinetry, quartz countertops, new stainless-steel appliances, all bathrooms have new toilets/vanities, $12k in hurricane windows, a fully furnished Guest Cottage, 6 mounted TVs, and more. In 2019, both homes received new metal roofs with hurricane clips. Oversized driveway is perfect for boat/RV parking with room in the back yard for a garage, pole barn, or family reunion! There is no other property on the market that offers TWO SEPARATE HOMES with a blend of PRIVACY (backed by 80 acres of woodlands), and BEACH LIFE with partial Gulf views, a jetted pool, and short 2 min walk to the beach at ONLY $285 PER SQ. Foot !! Be sure to check out both of the 3D virtual tours!! Schedule your private tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1977
  • Living Area: 2,772 SqFt

Listing Office:

  • Office Name: Beach Properties Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Interior: Breakfast Bar, Fireplace, High Ceilings, In-Law Floorplan, Recessed Lighting, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Gulf
  • Exterior: Patio

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Driveway

Virtual/3D Tour

  • 3D Tour: 78 1st St
3D Tour

Lot Features

Lot Information:

  • Lot: Interior Lot, Landscaped
  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Taking Hwy 98 W to Mexico Beach. Turn right onto 1st St & cross over Florida Ave. House will be 3rd home on the left. Look for sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $789,450
  • Price Per SqFt: $285/SqFt

Tax Information:

  • Annual Amount: $4,002
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mexico Beach, FL.

Med. Sold Price

$275K

Med. Price/SqFt

$198

Avg. Days On Market

188

# of Sold Homes

3

78 1st St vs Mexico Beach

5 DAYS ON ROCKET

-183 Days

$789,450

+$514.4K More

$285/SqFt

+$86 More

KEY TAKEAWAY

This property is $514.4K more than the Median Sold Price and $86/SqFt more than other homes in Mexico Beach, FL.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #766995

Listing Office:

  • Office Name: Beach Properties Real Estate

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/14/2025, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 24, 2021Home Sold
$565,000
Jun 19, 2000Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,002$214,772
2018$4,637$243,526
2017$3,898$238,207

History based on county public records data.

Payment Calculator

$4,008

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,433

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2533969
5
/10
  • Port St. Joe Elementary School

  • 2201 Long Ave

  • 11.21 miles

  • Public District Grades PK-6

school-card-donut-2533970
4
/10
  • Wewahitchka Elementary School

  • 514 E River Rd

  • 16.85 miles

  • Public District Grades PK-6

school-card-donut-2533971
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 18.65 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,621. Residents of Mexico Beach, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 78 1st St

What is the listing price of this property?

The listing price of 78 1st St property is $789,450.

What type of property is this?

The property 78 1st St is a house located in Mexico Beach, Florida, 32456.

Is this property for sale now?

Active Listing: 78 1st St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,002 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 24, 2021 for $565,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 78 1st St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 78 1st St is 2,772 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 78 1st St is 1977.

Rocket HomesFloridaGulf CountyMexico Beach3245678 1st St

This home is located at 78 1st St in Mexico Beach, FL and zip code 32456. This 2,772 square foot home, which was built in 1977, sits on a 0.64 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $789,450.

Over 0 listings were sold over their listed price in December 2024 in Mexico Beach, FL. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Mexico Beach, FL between November 2024 and December 2024 decreased by 11.5%. In December 2024, listings were on the market for 188 days. During the same period, the median list price in this real estate market was $275,000.

From Rocket Homes Real Estate and based on county public records data.

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